Corporate Action19 Jun 2026, 07:20 pm
Callista Industries Gets In-Principle Approval for Preferential Issue
AI Summary
Callista Industries Ltd has received in-principle approval from BSE Limited for a preferential issue. The approval, dated June 19, 2026, allows the company to issue 2,12,50,000 convertible warrants and 56,50,000 equity shares at Rs. 10 each to promoter and non-promoter categories. This move is expected to strengthen the company's capital base and facilitate future growth initiatives. The approval is valid for 15 days from the date of issuance.
Key Highlights
- BSE grants in-principle approval for preferential issue.
- Company to issue 2.12 Cr warrants and 56.50 Lac equity shares.
- Issue price set at Rs. 10 per warrant and equity share.
- Approval targets promoter and non-promoter categories.
- In-principle approval valid for 15 days.
Price Impact
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